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Article #8363

Re: Oil Spill Potential Victims (Re: Alaska oil spill)

#8363
From: Chuck Kring
Date: Tue, 04 Apr 1989 22:26
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In article <97173@sun.Eng.Sun.COM>, kevin%kalli@Sun.COM (Kevin Sheehan {Consulting Poster Child}) writes:
> 
> As long as it's cheaper to say "Ooops" than it is to keep their nose
> clean, this will continue to happen.
> 
The trick is to make it cost effective to prevent such disasters.

Currently, the cost of an environmental cleanup is deducted from the firms'
earnings, I believe as a causulty loss.  If this deduction were eliminated,
and the costs associated with preventing messes continued to be considered
normal deductible operating expenses, it would tend to make prevention more 
economical when compared cleaning up.

Disclaimer:  I am not a legislator nor a tax lawyer, so I may not know what
I am talking about.

Chuck Kring
UC Berkeley CAD Group
kring@ic.Berkeley.EDU
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References: <97173@sun.Eng.Sun.COM> <2669@garth.UUCP>

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From: kring@washoe.Berkeley.EDU (Chuck Kring)
Newsgroups: ca.environment,sci.environment
Subject: Re: Oil Spill Potential Victims (Re: Alaska oil spill)
Message-ID: <11965@pasteur.Berkeley.EDU>
Date: 4 Apr 89 22:26:12 GMT
References: <97173@sun.Eng.Sun.COM> <2669@garth.UUCP>
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Posted: Tue Apr  4 23:26:12 1989